Pakistan News

    Schneider Electric System Integrators In Hyderabad

  • Shanghai Electric gets CCP's approval to acquire K-Electric

    Shanghai Electric Power Co Ltd said on Monday that it had received approval from the Competition Commission of Pakistan (CCP) to acquire K-Electric Limited...

    The Abraaj Group announced in October that one of its companies, KES Power, had reached an agreement to divest its stake in K-Electric, the country’s largest and only vertically integrated power utility, to Shanghai Electric...

  • K-Electric signs $250m accord for upgrading system

    ISLAMABAD: K-Electric and US Overseas Private Investment Corporation (Opic) executed a commitment letter for a $250 million 10-year financing project...

    The Opic loan facilitated by Citi Bank will be used by K-Electric to undertake a comprehensive and transformative upgradation of its power grid...

  • Regent Plaza warned to revamp electric system a year ago

    KARACHI: As police waited for the reports of the Civil Defence and fire departments to determine whether the Regent Plaza Hotel fire was an outcome of some criminal negligence on the part of the management, an independent expert body on Tuesday claimed that it had carried out an inspection about a year ago and warned the owners about the vulnerable and dilapidated electrical system that posed a serious threat to people’s lives...

    “On...

  • Sewage floods Hyderabad’s roads as workers disrupt system

    HYDERABAD: Intensif­y­­ing their protest against non-payment of salaries, dues and pensions, Hyder­abad Development Authori­ty’s (HDA) workers and ret­ir­ed employees shut down sewerage pumping stations at 8am on Tuesday, causing sewage to flood different parts of the city...

    After the provincial government and HDA authorities did not respond positively to a set of demands put forward by the CBA and also to its ultimatum regarding...

  • K-Electric sells country's largest corporate sukuk

    KARACHI: Karachi-based utility K-Electric has sold 22 billion rupee ($215...

    Proceeds would help refinance debt including around 18 billion rupees of long term loans from the International Finance Corporation and the Asian Development Bank, K-Electric said without giving pricing details...

  • Nepra issues show-cause notice to K-Electric

    ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) issued a show-cause notice to the K-Electric on Friday for “its consistent failure to fulfil service obligations, inability to comply with prudent utility practices” and for misleading the regulator...

  • Shaheer Niazi, the 'electric honeycomb' researcher, aims to bring the Nobel home

    Shaheer Niazi, the 17-year-old Pakistani student who recently surprised much older scientists with his groundbreaking research on electric honeycombs, recounted his journey beginning with the "World Cup of Physics" to being recognised by the Royal Society and the media in DawnNews show 'Newswise' on Friday...

    "We have to add something new [to existing knowledge] to get published and I introduced two new factors in the electric...

  • Index inches up on heavy trading in K-Electric

    The significant feature of the day was the burst of activity in K-Electric...

    The interest of investors in the utility was sparked after a TV channel attributed a comment to the privatisation minister and Sindh governor pertaining to an imminent takeover of K-Electric by Shanghai Electric...

  • BMW gears up to mass produce electric cars by 2020

    FRANKFURT: Germany’s BMW is gearing up to mass produce electric cars by 2020 and will to have 12 different models by 2025, it said on Thursday, as traditional manufacturers race to catch up with US electric car pioneer Tesla...

    Car buyers shunned electric vehicles because of their high cost and limited operating range until Tesla unveiled the Model S in 2012, a car that cracked the 200 mile (322 km) range barrier on a single charge......

  • China sets target for electric car quota but delays rollout

    China has stepped up pressure on automakers to accelerate development of electric cars by raising the first-year target for a planned system of production quotas but delayed its roll out from next year until 2019...

    China has the world's most aggressive government plans to promote electric cars...

  • Road map to bring electric vehicles to local roads

    KARACHI: The Ministry of Science and Technology has taken the initiative for “engineering foresight” to gear up auto assemblers and parts makers for new challenges, especially electric vehicles (EVs)...

    The volumes are low in Pakistan but there is a need to start working on capacity building for institutions so that in future the country is well placed in adopting new technologies of electric vehicles and has the human resources to...

  • Chinese firm offers 2,000 electric buses for Karachi under $600m project

    KARACHI: A Chinese company has offered an over $600 million transport project involving over 2,000 electric buses to solve the issues being faced by the metropolis commuters...

    The mayor said that all the mega cities around the globe had urban mass transit systems, but leave alone the mass transit system, here in the metropolis unfortunately did not exists a fully functional public transport system, owing to which people suffered and...

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